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December 16, 2025
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    Business news

    Anastacia Tshesane to become PwC SA CEO

    Kisakye ImaniThe Big StoryDecember 9, 2025December 9, 2025

    PricewaterhouseCoopers (PwC) has confirmed that Anastacia Tshesane will become Chief Executive Officer of PwC South Africa from 1 July 2026. She will take over from Shirley Machaba, who is due…

    Netflix Strikes $82.7 Billion Deal to Take Over Warner Bros., Redefining the Global Entertainment Landscape

    Paul MurungiThe Big StoryDecember 5, 2025December 5, 2025

    Netflix Inc. has announced a landmark agreement to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a cash-and-stock transaction that values the studio at an enterprise figure of about…

    Century Bottling’s bid to knock out URA’s UGX 10.2b assessments failed as the Tax Appeals Tribunal ruled new audit facts allowed late claims for 2013–2019. It also rejected “parallel assessment” arguments and upheld reverse-charge VAT on separately invoiced Krones services (about UGX 364m). Other tax issues remain pending for now.

    Tribunal Backs URA in UGX 10.2 Billion Century Bottling Tax Fight

    CEO East Africa MagazineThe Big StoryDecember 4, 2025December 4, 2025

    Century Bottling Company Limited walked into the Tax Appeals Tribunal hoping to end a costly dispute before it truly began. The Coca-Cola bottler was facing a fresh set of tax…

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

    Paul MurungiCompany NewsEast AfricaThe Big StoryDecember 4, 2025December 4, 2025

    Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15…

    A photo collage of Old Mutual managing director Stephen Chikovore and SanlamAllianz General Insurance chief executive officer Ruth Namuli. SanlamAllianz’s licensed merger has propelled it to Uganda’s second-largest general insurer, capturing 19.8% market share and closing within 1.4 points of Old Mutual in Q3 2025 after years of dominance.

    SanlamAllianz Officially Becomes Uganda’s Second-Largest General Insurer as Market Gap with Old Mutual Narrows Sharply

    Muhereza KyamuteteraThe Big StoryDecember 3, 2025December 3, 2025

    The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged…

    URA has begun a nationwide crackdown on undeclared offshore income, using global data-sharing networks to track foreign assets held by Ugandan residents and enforce strict compliance with international tax reporting rules.

    URA Directs Ugandans to Declare Global Income as Foreign Asset Crackdown Begins

    Muhereza KyamuteteraThe Big StoryNovember 20, 2025November 20, 2025

    Uganda Revenue Authority (URA) has launched a sweeping enforcement campaign requiring all Ugandan tax residents with foreign bank accounts, property, or investments to immediately declare their worldwide income and assets,…

    Civtec Africa’s lawsuit against TotalEnergies exposes alleged fuel contamination beneath Kampala’s Industrial Area, raising environmental concerns and testing corporate accountability as the dispute heads to Uganda’s Commercial Court.

    French Oil Major, TotalEnergies Accused by Contractor of Polluting Kampala City

    CEO East Africa MagazineThe Big StoryNovember 20, 2025November 20, 2025

    French oil and gas multinational TotalEnergies Marketing Uganda is facing a lawsuit in the Commercial Court. Local engineering contractor Civtec Africa Limited accuses the company of failing to disclose serious…

    Giles Aijukwe is redefining banking through purpose-driven leadership, proving that inclusion and profit can coexist, and that finance, when guided by empathy and vision, empowers lives across Uganda.

    Beyond Profit: Giles Aijukwe – the Letshego Uganda CEO Who Believes in Purpose First

    CEO East Africa MagazineBanking & InsuranceThe Big StoryNovember 5, 2025November 11, 2025

    As the CEO of Letshego Uganda, Giles Aijukwe stands at the intersection of ambition and accountability, tasked with delivering financial growth in a sector still playing catch-up on inclusion. In…

    dfcu Bank Expands Footprint in Western Uganda with Grand Opening of Fort Portal Branch

    Brian EmorutNews & AnalysisSponsored ContentSeptember 25, 2025September 25, 2025

    dfcu Bank, one of Uganda’s leading financial institutions, has officially launched its 55th branch in Fort Portal Tourism City, strategically located along Babiiha Road. This expansion underscores dfcu Bank’s commitment…

    Businesses dealing in wholesale and retail fuel, mining and quarrying, manufacturing and utilities, have to use EFRIS, whether or not registered for VAT.

    URA’s EFRIS Expansion and the Future of Tax Compliance in Uganda

    Jeff WintersThe Big StoryAugust 20, 2025August 20, 2025

    On July 25, the Uganda Gazette carried General Notice No. 2218 of 2025, signaling a shift in the approach to tax compliance and digitization. The notice indicated that Uganda Revenue…

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    Latest Stories

    • Kilembe Mines, Woodcross Resources top list of mining companies defaulting on mineral rent at UGX 3.75 billion
      by Paul Murungi
      December 16, 2025
    • UEDCL seals UGX 190 billion loan facility from Absa Bank Uganda amid performance probe
      by Paul Murungi
      December 16, 2025
    • Peter Magona believes the future of advertising will be decided by how quickly agencies learn to work with AI, not fight it. With clients already using powerful tools, he argues that relevance now depends on integration, combining human insight, strategic judgment, and creative instinct with AI’s speed, scale, and analytical power before the gap becomes impossible to close.
      AI, Automation & the Future Adman: How Technology Will Rewrite the Advertising Industry
      by Jeff Winters
      December 16, 2025
    • Letters to My Younger Self: Charity Winnie Kamusiime-Asiimwe—”Fix the Leak, Then Buy the Billboard”
      by Kisakye Imani
      December 16, 2025
    • Ernest Rubondo to Step Down After a Defining Decade as Executive Director of PAU
      by Paul Murungi
      December 16, 2025
    • Uganda Airlines, Jenifer Bamuturaki, and the Reckoning of 2025
      by Paul Murungi
      December 15, 2025
    • dfcu Bank and Monitor Publications Crown Season 7 Rising Woman Champions, Celebrating Uganda’s Top Women Entrepreneurs
      by Brian Emorut
      December 15, 2025
    • dfcu Bank Deepens 11-Year Partnership to Transform Lives as Best Farmers Awards 2025 Celebrate Uganda’s Agricultural Champions
      by Brian Emorut
      December 15, 2025
    • A new generation steps onto the agency floor, digital-native, values-driven, and impatient with outdated rules. They design, shoot, test, and build audiences in real time, reshaping how ideas are made and shared. This is the collision between experience and evolution, and the fragile promise of what Uganda’s creative future could become.
      The Future is Creative: Gen Z, Talent, and the New Workforce Reshaping Uganda’s Advertising Industry
      by Jeff Winters
      December 15, 2025
    • Letters to My Younger Self: Humphrey Asiimwe—”Ambition Without Purpose Leads Nowhere”
      by Kisakye Imani
      December 15, 2025
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